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Bearish Side-by-Side White Lines

Daily Charts:   1 found in last 10 days.   Updated Fri Oct 3 18:16:33 2008 CST . Click here to see them.

Weekly Charts:   1 found in last 10 weeks. Click here to see them.

Bearish Side-by-Side White Lines

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Continuation
  1. 1st day is a black day.
  2. 2nd day is a white day which gaps below the 1st day's open.
  3. 3rd day is a white day about the same size as the 2nd day, opening at about the same price.
  • none

Psychology...

The 2nd and 3rd days are a failed attempt to rally. Shorts are basically taking profit here. The downtrend remains intact.





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